Tata Sky pays license fees of Rs. 383 crores

INDIA: Tata Sky, India's leading DTH operator, submitted a demand draft of Rs. 383 crores to the Ministry of Information and Broadcast (MIB).

This amount covers license fee for the year 2013-14 as per the rate specified for license as well as past dues, for which the Ministry had raised a demand note recently.

Harit Nagpal, MD and CEO, Tata Sky, stated, "We hope that this will end the long standing dispute on the subject and pave the way forward for a constructive rationalisation of taxes with the support of our parent Ministry."